Search DubaiPRNetwork.com

Home >> Lifestyle

Customers to Benefit From Increasing Gold Rate by Just Paying 10% Advance at Malabar Gold & Diamonds

Wednesday, February 26, 2020/ Editor -  

Share

Home >> Lifestyle
• Gold Rate Protection Scheme at Malabar Gold & Diamonds
• Pay 10% advance and benefit from increasing Gold Rate 
• Block the Gold Rate by paying just 10% advance 
• Get benefit of the booked rate if price increases during purchase
• Get lower Gold Rate if price goes down during purchase
 
 
Dubai, United Arab Emirates, February 26, 2020:   In the wake of rising gold prices, Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 250 outlets spread across 10 countries, is providing customers with the Gold Rate Protection Scheme, a unique opportunity to buy gold, be it for personal use or as an investment, at the best rates. Customers can just pay 10% advance for their favorite jewellery and get benefits from increasing Gold Rate and protect themselves from the increase in gold rate. If gold rate increases at the time of purchase, customers can avail the booked rate and incase it reduces they can still draw mileage of the reduced rate i.e. a customer intending to buy gold worth AED 10,000 just needs to pay AED 1000 to avail the advance booking offer and in turn get protected from the increasing gold rates. As per the management team of Malabar Gold & Diamonds, this scheme has been designed in such a way that customers are not affected by the increasing gold rates.  This offer will be valid until 30th April across all Malabar Gold & Diamonds stores in GCC, Malaysia, Singapore and USA.
 
It is always beneficial to buy gold from GCC considering the significant difference in price when compared to India. When a customer spends AED 188.25 in UAE for 1 gm of gold, the equivalent value in India is INR 4310 i.e. AED 220, giving them a benefit of AED 31.75 per gram. Yesterday, gold was priced at a rate of AED 192 per gram compared to the rate of AED 151.25 on 24th February 2019 which is an increase of AED 40.75 per gram. Considering that gold is a convenient investment assuring safe returns even for middle class, there is an increase in people deciding to invest in this metal. Even amidst several other investment options often considered by salaried expats for higher returns not performing well, the fact that gold has not lost its sheen is a major advantage for the market.

Previous in Lifestyle

Next in Lifestyle


Home >> Lifestyle Section

Latest Press Release

Pandora ME for Every Side of You

H.E. Vipul Flags Off UAE's First Ever Individually Sponsored Flight to India

Quarantine Measures Threaten Aviation Restart in Africa & the Middle East

20 Million Etihad Guest Miles Donated to Support Refugees Affected by the Corona ...

Your Guide to Choosing the Right Face Mask

AU Among QS “Top 150 Under 50” for 3rd Straight Year

Football Industry Will Bounce Back Stronger From Covid-19, Says Laliga's MENA He ...

70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid ...

Taste the Summer With Wild & the Moon's Latest Menu Drop!

Dubai Well Poised for Growth in New Business Entities'

Commodities: Gold Bulls Risk Delayed Gratification in Q3

Three UAE Students Bag Coveted Princess Diana Award for Outstanding Social Initi ...

Nahdi Medical Company Transforms its Financial Management with Infor

Alstom at Forefront of Hygiene & Safety Innovation for Transport & Mobility in a ...

Go Electric or Go Off Road: Customers Choose With Jaguar Land Rover and Pivotal ...

Comprehensive Study of Refugee Children's Academic, Social, and Emotional Learni ...

Raising Criteria for Accrediting Real Estate Experts in Cooperation Between MOJ ...

Dubai Chamber Explores Prospects for Expanding UAE-Russia Food Trade

Authentic Artisan Gelato Flavours for the Summer by Mazmi Café

Team Angelwolf Set to Take on the World!